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Cong Ty Co Phan Dau Tu Duc Trung (Vietnam)

Main Activities: Furniture and Related Product Manufacturing | Real Estate
Full name: Cong Ty Co Phan Dau Tu Duc Trung Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Cong Ty Co Phan Dau Tu Duc Trung, located in Ho Chi Minh municipality, is an investment company that was formerly known as Duc Trung Trading and Manufacturing Co., Ltd. It was established on June 22, 1994. In its early years, Duc Trung operated in the field of specialized import and distribution of high-end furniture such as Laminate, Veneer, and Formeca adhesive. Within five years, Duc Trung became the exclusive distributor of Dyno Industries' products in Vietnam. Dyno Industries is one of the top 10 industrial companies in Norway and a multinational corporation specializing in the production of plastics, explosives, and adhesives. Duc Trung distributes chemical products such as Urea formaldehyde, Phenol formaldehyde, Melamine formaldehyde, and PVAC, which are used in the wood processing industry, plywood production, MDF, and furniture manufacturing. Duc Trung is considered one of the largest suppliers of these materials in the Vietnamese market in the 1990s. Based on the sales volume and market demand in Vietnam through Duc Trung's distribution network, Dyno Industries quickly invested in building a factory worth over 10 million US dollars in the Go Dau Industrial Zone, Dong Nai province, to supply products to the Vietnamese market. In addition to distributing Dyno Industries' products, Duc Trung is also appointed as a distributor in Vietnam by other large corporations such as Damixa (Denmark), In-Sink-Erator (USA), Suter (Switzerland), and Blum (Austria). The company is known for its professionalism and reputation in the furniture processing and distribution industry. Expanding its business into the office space sector, Duc Trung invested in the construction of the DTC office building in Ho Chi Minh City in early 2007. Since its operation, the DTC office building has maintained a high occupancy rate of 95-100% and received positive feedback from tenants regarding its facilities and quality of services provided by Duc Trung's staff. Building on its success in the commercial sector, Duc Trung decided to invest in the hotel and tourism industry at the end of 2015. The company purchased a plot of land within the Sonasea Resort & Villa complex in Phu Quoc, developed by CEO Group, in Bai Truong commune, Duong To district, Kien Giang province. The company plans to build a 3-star hotel with 126 rooms to accommodate tourists visiting Phu Quoc. For more information, contact: - Company Name: Duc Trung Investment Joint Stock Company - Headquarters: 99 A1 Cong Hoa, Ward 4, Tan Binh District, Ho Chi Minh City - Phone: (84-28) 38116175 - 38119815 - Fax: (84-28) 38116176 - Email: info@ductrung.vn - Website: www.ductrung.vn - Tax ID: 0301466299 - Year of establishment: June 22, 1994 - Director - Legal representative: Vu Thi Kim Oanh

Headquarters
213 Nam Ky Khoi Nghia, Vo Thi Sau Ward, District 3
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70

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Website: http://www.ductrung.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1994
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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12.84%
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8.27%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
85.33%
Total operating revenue
85.33%
Operating profit (EBIT)
-45.26%
EBITDA
-44.52%
Net Profit (Loss) for the Period
-95.77%
Total assets
0.13%
Total equity
0.22%
Operating Profit Margin (ROS)
-2.9%
Net Profit Margin
-4%
Return on Equity (ROE)
-4.89%
Debt to Equity Ratio
5.52%
Quick Ratio
1.45%
Cash Ratio
0.01%

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